Friday, July 26, 2019
Management and Leadership Essay Example | Topics and Well Written Essays - 1250 words
Management and Leadership - Essay Example The leadership activities and that of management are quite different in Wal-Mart. The management of Wal-Mart is generally focused on excellent planning and organizing so that there is attainment of desired success in business. The management has a good responsibility to motivate the employees. The store manager arranges regular meetings with an intention to keep the employees updated (Cheng, 2006). Wal-Mart follows transformational leadership so that the employees of the company can be improved and can approach towards attaining success. This type of leadership can make the company more successful by providing value to its associates. The founder of Wal-Mart regularly visits the associates in order to appreciate them for their support towards the company. The four factors of transformational leadership that has an influence on the employees of Wal-Mart include ââ¬Ëidealize influenceââ¬â¢, ââ¬Ëinspirational motivationââ¬â¢, ââ¬Ëintellectual stimulationââ¬â¢ and â⬠Ëindividual considerationââ¬â¢. ... The management of the company is essentially related to the planning and motivation, whereas leadership strategy is completely based on the transformational leadership for success of the company as it involves transformation of the employees and improves their performance. The company also follows cost leadership style for gaining competitive benefit. 2.0 Roles and Responsibilities of Organizational Managers and Leaders in Creating and Maintaining a Healthy Organizational Culture There is great role for leaders and managers of the company for attaining the performance objectives and maintaining the culture of the organization. The eight competency levels of the company enable it to gain huge success. The leadership competencies are communicated to all the leaders throughout the company. The roles in which managers and leaders have provided prime focus are communication, developing others, motivating, focusing on customers, regular improvement, listening, and team development and orga nizing or planning (Bergdahl, 2004). The managers provide assistance to the associates by helping, informing and motivating them to operate the business effortlessly. The employees are motivated frequently and provided regular updates regarding the new issues of the store. The managers have the responsibility to communicate the vision to the employees to maintain the culture. The associates are trained for the present task and also are prepared for upcoming prospects. Cross training is conducted throughout the company from various functional areas and it is considered as an excellent method. Motivating the employees is a vital part of the managers. With an endeavor to increase motivation level, to reduce the boredom from
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